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- W2742455210 abstract "Micro and Small Enterprises (MSE's) play a very critical role in the growth and developmentof the Kenyan economy. The sector has increasingly assumed importance especially in theareas of job creation, ready availability of commodities, utilization of idle savings, andpoverty reduction and eradication among others. However the sector has been faced withmany constraints such as poor management practices, insecurity, lack of access to credit, badmarketing practices, competition, technological changes and globalization, among others.King (2002) states that there are a good number of surveys of MSE 's in Kenya which havebeen concerned with identifying what might be called 'obstacles to growth' illustratingfactors such as security, working capital, access to credit, business training and highertechnical skills.The purpose of the study was to explore management constraints faced by the MSE sector inKenya and analyze how constraints relating to management functions of Planning,Organizing, Staffing, Directing and Controlling impact on the performance of MES's inKenya.Stratified and Simple Random sampling techniques were used to select 75 Cyber Cafes fromthe study population of 574 businesses within the Nairobi's Central Business District.Structured questionnaires were used as instruments of data collection and were administeredto managers/owners of the businesses. Data was analyzed and conclusions drawn. Based onthe results of the study, appropriate recommendations are made to put a case for adoption ofsound management practices in MSE's to enhance their performance.The study findings revealed that majority of the MSE's do practice, to a large extent, thesemanagement functions of Planning, Organizing, Staffing, Directing and Controlling, in theirdaily operations. However, most managers of the enterprises lack managerial skills andexperience needed to run the enterprises efficiently. Majority of them were found to be veryyoung and lack the necessary experience. The turnover rate of managers was also found to bequite high resulting in lack of continuity in the management of the enterprises.In terms of performance of the businesses, it was found that majority of the businesses were atthe lower end of micro enterprises in terms of number of employees, daily revenues, assets,profits and competitiveness. Most of the enterprises, in their own assessment, indicated thatthe businesses were performing only fairly but it was not clear which indicators they used togauge business performance. It appears therefore that lack of managerial skills andinexperience was responsible for their inability to assess business performance accurately." @default.
- W2742455210 created "2017-08-17" @default.
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- W2742455210 date "2010-05-07" @default.
- W2742455210 modified "2023-09-27" @default.
- W2742455210 title "An Analysis of Management Constraints Affecting Performance of Micro and Small Enterprises (MSE's) In Kenya A Case Study of Cyber Cafes in Nairobi's Central Business District (NCBD)" @default.
- W2742455210 hasPublicationYear "2010" @default.
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